BEYOND MEAT INC

For the period ended Sep 28, 2024. Filed Nov 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 28, 2024 · Filed Nov 7, 2024

BYND$6.10+1.2%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except share and per share data)

	Three Months Ended		Nine Months Ended
	September 28,2024	September 30,2023	September 28,2024	September 30,2023
Net revenues	$81,006	$75,312	$249,794	$269,697
Cost of goods sold	66,698	82,566	218,101	268,493
Gross profit (loss)	14,308	(7,254)	31,693	1,204
Research and development expenses	6,133	9,118	21,478	30,323
Selling, general and administrative expenses	39,084	53,252	128,529	152,607
Restructuring expenses	—	(4)	—	(631)
Total operating expenses	45,217	62,366	150,007	182,299
Loss from operations	(30,909)	(69,620)	(118,314)	(181,095)
Other income (expense), net:
Interest expense	(1,028)	(989)	(3,072)	(2,967)
Other, net	5,405	243	6,005	4,897
Total other income (expense), net	4,377	(746)	2,933	1,930
Loss before taxes	(26,532)	(70,366)	(115,381)	(179,165)
Income tax expense (benefit)	6	—	(26)	5
Equity in losses of unconsolidated joint venture	38	126	61	3,864
Net loss	$(26,576)	$(70,492)	$(115,416)	$(183,034)
Net loss per share available to common stockholders—basic and diluted	$(0.41)	$(1.09)	$(1.78)	$(2.85)
Weighted average common shares outstanding—basic and diluted	65,060,729	64,398,448	64,880,008	64,210,809

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.